PINS continues to show strength
- As previously shared, remains in the controlled buy channel
- Has actually formed a good area of balance near the bottom of the channel (range 24-26)
- MA5/20/50 are becoming tighter and converging (This often gives rise to an opportunity for a bull rally to overcome all the resistance MA lines at one go)
- More sideways movement will bring about another MA5 possible cross above MA20 (bullish to bring PINS back to 29/30)
- MA200 remains good support at around 23 (where my putss strikes are)
@TigerStars @CaptainTiger @melson @Deposit @LMSunshine
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